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-hour -- >> in his state of the union address, u.s. president barack obama proposes fresh negotiations on a transatlantic free trade agreement. >> pope benedict celebrates his last public mass as pontiff inside st. peter's basilica in rome. >> and the movie "night train to lisbon" has its world premiere at the berlin film festival. president barack obama says the american economy has made important progress, but there is still a long way to go. he delivered the annual state of the union address in washington last night and urged americans to help jump-start the country's sluggish -- sluggish economy. >> pushing hard for a special economy would significant job growth. that looks like the message obama plans to hammer home time and time again during his time in office. >> presidents also touched on foreign policy, praising u.s. soldiers stationed in afghanistan and promising them a speedy return home. >> the president of the united states. [applause] >> it is a washington ritual, long applause, handshakes, and hugs on both sides of the aisle. in his speech, obama focused clearly on domes
of challenges. president obama nominated his chief of staff to be his next treasury secretary. and now jack lew is outlining what he sees ahead for the economy. ai uchida joins us now from the business desk. ai, good morning. >> good morning, catherine. jack lew, he has to win over the democrats and the republicans before he can be treasury secretary. so he's asking lawmakers for bipartisan support on fiscal reform. he says this is needed to keep the u.s. economy on the path to recovery. lew spoke to senators on wednesday. he's seeking their approval for his appointment to obama's second-term cabinet. lew said he's resolved to reduce the nation's huge budget deficit. he asked both democrats and republicans to work together to avoid automatic spending cut march on defense and other programs. >> we must put our nation back on a path of fiscal sustainability. we cannot allow the series of harmful automatic spending cuts known as the sequester to go into effect. these cuts would impose self-inflicted wounds to the recovery and will put far too many jobs and businesses at risk. >> lew also responded
. stay tuned. >> welcome back. u.s. president barack obama will deliver the annual state of the union address in just a few hours in washington. he will set out his plans for a second term in office. >> north korea's nuclear plant is likely to top his plan of foreign policy issues, but domestically, he also has a host of policies to address from immigration to climate change to gun legislation. >> note issue will get as much attention as the economy. unemployment is still high and almost 8%, and while there have been some encouraging signs of recovery, many americans are still struggling to get by. >> the noise may be unpleasant, but people here are happy to have jobs. local carpet factories are employed in -- an important employer. delta calls itself the carpet capital of the world. over the years, immigrants have flocked to the city to work in such factories. today, about half the population is hispanic. intel was hit hard by the financial crisis. them in mid 2009, our business was hit with the recession just like everybody else, so we limped along for a couple of years, but now tha
Search Results 0 to 4 of about 5 (some duplicates have been removed)